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FINANCIAL NEWS
Saudi- Almarai plans to sell USD500m worth of sukuk
08 May 2013
(MENAFN) Saudi Almarai company chief financial officer, Paul Louis Gay, announced that the company plans to sell USD500 million of its international sukuk, reported Arabian Business.
The dairy producer aims to invest up to USD800 million per year in new factories and farms.
Many companies are moving away from loans and traditional financing methods, to more diversified investment options such as bonds
It’s worth noting that the Saudi Electricity Co oversubscribed its bonds issuance at higher rates.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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